Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.
The BJP had registered a one-sided victory on all the 17 SC-reserved seats in the 2014 Lok Sabha elections. But in 2019, out of these 17 seats, it lost Nagina and Lalganj seats to the Bahujan Samaj Party.
The ATS in its probe through electronic and physical surveillance found that he was involved in anti-India activities with the network of the ISI handlers.
Despite rising salaries, the country can sustain the cost advantage for another 10-15 years.
After months of negotiations and intermittent unrest impacting production, Pune-based Bajaj Auto and its Chakan plant unions have finally reached a wage agreement.
The filmmaker/actor gets candid about his latest Tamil film.
"We are going to wage jihad (war) against India to get our rivers freed," Saeed said while addressing a gathering of JuD workers in Sialokot district of Punjab Province on Friday.
Food prices have been on the rise in China this year, pushing the country's inflation rate to 3.4 per cent in May compared with a year earlier, higher than the government's warning level of three per cent.
A suggestion that these issues be tackled in-depth by a committee headed by a retired judge has been made by Civil Aviation Minister Valayar Ravi during his meetings with leaders of 14 unions of the state-run carrier.
'Who has seen what Sharia is? Who knows what actual Sharia is?'
Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.
Air India top brass on Thursday met leaders of two pilots' unions and assured them that their problems would be looked into, especially those relating to the wage structure.
Amol Shinde (25), a resident of Zari village in Chakur tehsil of Latur, was arrested on Wednesday along with Neelam, 42, of Haryana's Hisar, after they opened gas canisters that emitted smoke outside the Parliament building and shouted Tanashahi Nahi Chalegi (dictatorship will not be allowed), "Bharat Mata Ki Jai" and "Jai Bhim, Jai Bharat".
The CEO of a fledgling Twenty20 cricket league for retired greats in the UAE on Friday promised its players will receive their final wages that were due more than two months ago and vowed the competition would return next year. The Masters Champions League (MCL), which boasted West Indies batsmen Brian Lara and Sri Lankan spinner Muttiah Muralitharan among its ranks, staged its maiden season in Dubai and Sharjah from Jan. 28-Feb. 13. The MCL sold six franchises for a combined $90 million, with each team named after an astrological sign. This sextet pledged about $5.5 million in player wages, but only one team - Gemini Arabians - has paid its players in full, MCL chief executive Zarah Shah told Reuters. The other teams' players are owed their final wage packet, which was due 30 days after the tournament finished, said Shah. Clubs receive a share of gate money, central sponsorship revenues and broadcast income, plus prize money, and are responsible for players' salaries.
Hundreds of newspaper and news agency employees from across the country today marched to Parliament demanding new Wage Boards and a ban on foreign direct investment in print media.
Once a K-drama buff, always a K-drama buff.
'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'
All institutions registered with the United Arab Emirates's labour ministry will have to pay their workers' wages and salaries from September this year through a new system that seeks to protect the rights of workers in the country.
'Nobody wants to run an exploitation factory.'
HCL Technologies and Infosys should benefit more than TCS and Wipro
Pakistan President Asif Ali Zardari has said that Pakistan is ready to wage a thousand-year war with India over the Kashmir dispute
Members of the Islami Andolan Bangladesh, a political party, marched to the nation's election commission, ahead of the election schedule declaration, in Dhaka, November 15, 2023. Three days earlier, November 12, 2023, garment industry workers protested demanding a wage raise at Mirpur in Dhaka.
Workers at utility vehicle major Mahindra & Mahindra's Nashik facility on Tuesday issuing a notice to the management to go on strike on or after March 11, if their demands for higher wages were not settled by the company.
SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
Unlikely to follow Pune model where a bifurcated package had a portion of pay linked to performance
The court made the observation while dismissing a petition connected with defection in one of the local self government bodies in Idukki district.
While addressing a rally at Alipurduar, Banerjee accused the Election Commission of removing the deputy inspector general of police of Murshidabad at the behest of the BJP.
Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.
According to the announcement made by chief minister Y S Rajasekhara Reddy yesterday the new wages would be paid to workers under NREGP from May 21 onwards. Reviewing the progress of NREGP works, the chief minister directed district collectors to take up and complete all works under the programme before the onset of monsoons so that funds available could be fully utilised.
'Go around and ask what Amritpal has done for the village and nearby areas.'
Wages as percentage of the total expenses for the ABN Amro Bank, which is in the process of selling its retail and commercial banking operations in the country, shot up from 19.91 to 25.61 per cent during the year, reveals an RBI analysis of the banking sector in the country.
Ramesh, a labourer in Toomda village near Bhopal, can't believe his luck. He earns Rs 81 a day, digging wells under the National Rural Employment Guarantee Programme, the United Progressive Alliance's flagship social welfare scheme that started in 2006.
The country's largest car maker Maruti Suzuki India on Tuesday reached a wage settlement agreement with its workers at its Gurgaon plant, under which the employees will get an average salary hike of Rs 18,000 per month spread over three years.
Average wages paid by listed companies is more than twice the salaries paid by other enterprises, points out Mahesh Vyas.
Modi said the government is committed to enhancing the income level of the handloom weavers apart from putting in place a robust social cover for the weavers' families.
The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..
Youth unemployment (ages 15 to 29) is higher than the national average of 12.4 per cent in Telangana (14.2 per cent) and Rajasthan (13 per cent), followed by Chhattisgarh (6.7 per cent) and MP (6 per cent).
According to a SBSU (Kerala circle) release, union leaders from south Indian states would participate in the meet which would focus on wage reivison due in the banking sector as well as various contemporary issues relating to banking sector.
